[Latest News][6]

Best Stock Advisory Company in Indore
Commodity Market Tips
Commodity Tips
Indian Stock Market Tips
MCX Tips
NCDEX tips
Nifty Future Tips
NSE BSE stock
NSE BSE stock Market
Share Market Tips
Stock Market Tips

Over Rs 19,000 cr collected as central tax on tobacco

The Indian Government has said that over Rs 19,000 crores have been collected as a Central tax on tobacco till January in the financial year 2016-17. Commenting on the issue, Union Health Minister J P Nadda told the media, "As reported by the Finance Ministry, the total amount of Central tax collected on tobacco during 2016-17 (till January) is Rs 19,293 crores. The figure for 2014-15 and 2015-16 stand at Rs 22,174 crores and Rs 19,977 crores, respectively." He said there was no earmarking of funds to the healthcare sector out of the funds collected from taxes on tobacco.

No comments:

Post a Comment

Note: only a member of this blog may post a comment.

Start typing and press Enter to search